Budget 2014: University course fees likely to rise – More funding for Diploma courses

Posted by | May 28, 2014 | News

From news.com.au: UNIVERSITIES will be able to decide how much they charge students for degrees in an overhaul of Australia’s tertiary education sector, which will also see students having to repay their government debts earlier.

The Coalition has used its first budget to make significant changes to the way universities and schools are funded.

The new measures will extend financial assistance to people studying diplomas or undertaking degrees at private colleges or TAFE from 2016, at a cost of $820 million to the budget.

But the amount of money the government provides to universities for each course will be cut by about 20 per cent, and current caps which prevent universities across the country from hiking up the cost of degrees will be abolished from 2016.

Read more here and here

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